financetom
Economy
financetom
/
Economy
/
February Kansas City Fed Manufacturing Index Unchanged, Still Indicates Contraction
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
February Kansas City Fed Manufacturing Index Unchanged, Still Indicates Contraction
Feb 27, 2025 8:21 AM

11:14 AM EST, 02/27/2025 (MT Newswires) -- The Kansas City Fed monthly manufacturing index was unchanged in February from a reading of minus 5 in the previous two months, compared with expectations for a slight increase to minus 4 in a survey compiled by Bloomberg as of 7:30 am ET.

The index indicates contraction, which is in line with the Dallas Fed reading but in contrast with the Empire State, Philadelphia Fed, Richmond Fed and the S&P Global Flash indexes that suggested expansion.

The ISM's national manufacturing reading will be released on March 3.

Within the Kansas City data, there were index declines for production, shipments, new orders and employment, while the prices paid reading increased.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This Week In Economics: From Mark Cuban's Wage Stand, Central Banks' Rate Cuts, Oil Price Slump To Inflation Warnings
This Week In Economics: From Mark Cuban's Wage Stand, Central Banks' Rate Cuts, Oil Price Slump To Inflation Warnings
Jun 9, 2024
The past week has been a whirlwind of economic news and market movements. From Mark Cuban’s defense of minimum wage increases to central banks slashing interest rates, the financial landscape has been anything but dull. Let’s dive into the top stories that made headlines over the week. Mark Cuban Defends Minimum Wage Increase  Following the sudden closure of 48 Rubio's...
The 'good' and 'bad' news inside the US jobs report
The 'good' and 'bad' news inside the US jobs report
Jun 10, 2024
(Reuters) - The latest U.S. payrolls report did little to settle the debate about where the job market is headed, with ample fodder for both soft-landing believers and doubters over whether the Federal Reserve can tame inflation without sending millions of workers onto the jobless rolls. True, the blowout gain of 272,000 jobs in May exceeded every single estimate among...
Fed's new economic projections may come with a dose of maybe, maybe not
Fed's new economic projections may come with a dose of maybe, maybe not
Jun 10, 2024
WASHINGTON (Reuters) - Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three months ago, faster expected inflation, and slower growth, a pinpoint economic outlook that will carry the weight of the U.S. central bank's authority. It may also come with what amounts to a consumer warning from Fed...
Fed's new economic projections may come with a dose of maybe, maybe not
Fed's new economic projections may come with a dose of maybe, maybe not
Jun 10, 2024
WASHINGTON (Reuters) - Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three months ago, faster expected inflation, and slower growth, a pinpoint economic outlook that will carry the weight of the U.S. central bank's authority. It may also come with what amounts to a consumer warning from Fed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved